February 19, 2010 10:46 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
The market has rebounded nicely off of the premarket futures and is currently down 0.20%. If the market can steady, or continue to rise, then I think we will know that the market feels the Fed’s move wasn’t as big of a deal as first thought. Sectors leading today’s charge are very limited. The market gainers include the Transportation, and Utilities sector. Healthcare and Capital Goods are two sectors that are down the least.Transportation Stocks:- Seacor Holdings (NYSE: CKH) up 2.41%- Alaska Air Group (NYSE: ALK) up 2.00%- FedEx Corporation (NYSE: FDX) up 1.98%- JetBlue Airways (NASDAQ: JBLU) up 1.90%Utility Stocks:- DTE Energy Company (NYSE: DTE) up 2.39%- NRG Energy (NYSE: NRG) up 1.86%- Middlesex Water Company (NASDAQ: MSEX) up 1.75%- FPL Group (NYSE: FPL) up 1.54%
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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